Where Schumpeter was nearly right - the Swedish model and Capitalism, Socialism and Democracy*

Ulf Jakobsson () and Magnus Henrekson ()
Additional contact information
Ulf Jakobsson: IUI, the Research Institute of Industrial Economics, P.O. Box 5501, 114 85 Stockholm, Sweden

Journal of Evolutionary Economics, 2001, vol. 11, issue 3, 358 pages

Abstract: In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace capitalism in Western democracies. This would come about as a result of the superior performance of capitalism. We extract six "stylized" propositions that are essential elements of Schumpeter's prediction about the fate of capitalism. These propositions are confronted with the development of the Swedish economy. The three main results of the analysis are:

Keywords: Corporatism; -; Entrepreneurship; -; Industrial; policy; -; Schumpeter; -; Swedish; model (search for similar items in EconPapers)
Date: 2001-09-10
References: Add references at CitEc
Citations: View citations in EconPapers (51)

Downloads: (external link)
http://link.springer.de/link/service/journals/00191/papers/1011003/10110331.pdf (application/pdf)
Access to the full text of the articles in this series is restricted

Related works:
Working Paper: Where Schumpeter was nearly Right - the Swedish Model and Capitalism, Socialism and Democracy (2000)
Working Paper: Where Schumpeter was Nearly Right - The Swedish Model and Capitalism, Socialism and Democracy (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:joevec:v:11:y:2001:i:3:p:331-358

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/191/PS2

Access Statistics for this article

Journal of Evolutionary Economics is currently edited by Uwe Cantner, Elias Dinopoulos, Horst Hanusch and Luigi Orsenigo

More articles in Journal of Evolutionary Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().